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Results for "Samsung Biologics"

24 stories found

Samsung Biologics Pursues Geographic Diversification
BusinessYahoo20d ago

Samsung Biologics Pursues Geographic Diversification

Samsung Biologics is implementing a strategy of geographic diversification, which is described as a sound business decision. This move aims to expand the company's market reach and mitigate risks associated with reliance on a single region.

Samsung Biologics Strike Continues for Fifth Day Amid Stalled Talks
BusinessKorea Heraldmyjoyonline3mo ago2 sources

Samsung Biologics Strike Continues for Fifth Day Amid Stalled Talks

The strike by unionized workers at Samsung Biologics has entered its fifth day, with negotiations to resolve the industrial action reportedly stalled. The company estimates losses exceeding $100 million due to the ongoing walkout, as workers demand higher wages and expanded performance-based compensation.

Samsung Biologics Faces Uncertainty Amid Strike Threat
BusinessKorea Herald3mo ago

Samsung Biologics Faces Uncertainty Amid Strike Threat

Samsung Biologics' growth outlook is uncertain as a potential first-ever strike by its labor union raises risks to production and client trust, with the union demanding a 14 percent wage increase and a significant cash payout.

Samsung Biologics Completes Acquisition of GSK's U.S. Plant
HealthKorea Heraldyonhap-english4mo ago2 sources

Samsung Biologics Completes Acquisition of GSK's U.S. Plant

Samsung Biologics has officially acquired a biopharmaceutical manufacturing plant in Rockville, Maryland, marking its first production foothold in the United States, following its announced acquisition of a U.S. facility from GSK for US$280 million.

Samsung Biologics to Acquire PolyPeptide for $1.8 Billion
BusinessbloombergFTcnbc+3die-presseYahooKorea Herald22d ago6 sources

Samsung Biologics to Acquire PolyPeptide for $1.8 Billion

Samsung Biologics has announced its acquisition of Swiss peptide manufacturer PolyPeptide Group in an all-cash deal valued at $1.81 billion. This strategic move expands Samsung Biologics' presence into the peptide market.

Samsung Biologics Union Launches First General Strike
BusinessKorea Heraldyonhap-english3mo ago2 sources

Samsung Biologics Union Launches First General Strike

The union at Samsung Biologics has initiated its first-ever general strike, stemming from an ongoing dispute over pay. This industrial action marks a significant escalation in labor relations at the company.

Samsung Biologics showcases CDMO capabilities in Singapore
BusinessKorea Herald5mo ago

Samsung Biologics showcases CDMO capabilities in Singapore

Samsung Biologics has highlighted its contract development and manufacturing organization, or CDMO, capabilities at Biologics Manufacturing Asia 2026 in Singapore, receiving a bioprocessing excellence award during the two-day event. According to Samsung Biologics on Thursday, the Korean CDMO leader presented its top-notch CDO technologies and services at the conference on Wednesday. Lim Heon-chang, director of formulation development at Samsung Biologics’ CDO division, introduced case studies of